AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has expressed its appreciation for the Caretaker Sindh Minister for Housing and Local Governments, Muhammad Mubin Jumani, commending his sincere efforts to bolster the construction industry in the province.

Minister Jumani swiftly issued on-the-spot directives to concerned departments, aiming to address the concerns of builders and developers, thereby stimulating economic activities. ABAD has eagerly called for the effective implementation of the minister’s instructions.

During a meeting with a delegation from ABAD, Minister Mubin Jumani instructed all relevant departments, including the Sindh Building Control Authority (SBCA), to eliminate obstacles and expedite the clearance of pending legal matters, such as building plan approvals and project completions, within a timeframe of fifteen days.

The minister emphasized that all actions taken by the caretaker government should be transparent and accessible to the general public.

Chairman ABAD Asif Sumsum lauded the caretaker minister for his proactive stance on the construction industry, which is currently facing a multitude of challenges.

He stressed the urgency of immediate measures to revitalize the construction sector, which serves as a crucial driver for job creation, housing provision, and the support of over seventy allied industries. He further expressed full support for the current caretaker administration in Sindh, acknowledging their commitment to economic improvement.

Highlighting the nationwide housing shortage, Chairman ABAD pointed out that Pakistan is grappling with a deficit of over 12 million houses, with the highest demand concentrated in Karachi and other urban centers of Sindh.

Copyright Business Recorder, 2023

Comments

Comments are closed.